Technology -
Computer Hardware - NASDAQ - US
$ 10.97
-6.56 %
$ 1.15 B
Market Cap
-11.55
P/E
1. INTRINSIC VALUE
Balance Sheet
Corsair Gaming, Inc.
| Current Assets | 712 M |
| Cash & Short-Term Investments | 176 M |
| Receivables | 253 M |
| Other Current Assets | 283 M |
| Non-Current Assets | 646 M |
| Long-Term Investments | 0 |
| PP&E | 68.5 M |
| Other Non-Current Assets | 577 M |
| Current Liabilities | 418 M |
| Accounts Payable | 240 M |
| Short-Term Debt | 21.9 M |
| Other Current Liabilities | 157 M |
| Non-Current Liabilities | 245 M |
| Long-Term Debt | 225 M |
| Other Non-Current Liabilities | 20.4 M |
EFFICIENCY
Earnings Waterfall
Corsair Gaming, Inc.
| Revenue | 1.32 B |
| Cost Of Revenue | 989 M |
| Gross Profit | 328 M |
| Operating Expenses | 378 M |
| Operating Income | -50 M |
| Other Expenses | 33.4 M |
| Net Income | -83.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Corsair Gaming, Inc.
| Net Income | -83.4 M |
| Depreciation & Amortization | 13.4 M |
| Capital Expenditures | -9.85 M |
| Stock-Based Compensation | 30.6 M |
| Change in Working Capital | 0 |
| Others | 75.2 M |
| Free Cash Flow | 26 M |
Wall Street Analysts Price Targets
Corsair Gaming, Inc.
Wall Street analysts predict an average 1-year price target for CRSR of $13.2 , with forecasts ranging from
a
low of
$8 to a high of $28 .
CRSR Lowest Price Target
Wall Street Target
8 USD
-27.07%
CRSR Average Price Target
Wall Street Target
13.2 USD
20.33%
CRSR Highest Price Target
Wall Street Target
28 USD
155.24%
4. DIVIDEND
ANALYSIS
CRSR does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Corsair Gaming, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
20.1 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
7 months ago
Jul 05, 2024
|
Sell 20.1 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 1947
|
10.33 USD |
|
1 year ago
Jan 08, 2024
|
Sell 53.7 K
USD
|
La Thi L
President & COO
|
- 3837
|
14 USD |
|
1 year ago
Sep 15, 2023
|
Sell 150 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 10000
|
15.03 USD |
|
1 year ago
Jul 03, 2023
|
Sell 77.6 K
USD
|
La Thi L
President & COO
|
- 4387
|
17.6854 USD |
|
1 year ago
Jun 01, 2023
|
Sell 195 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 10000
|
19.4813 USD |
|
1 year ago
Jun 02, 2023
|
Sell 200 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 10000
|
20 USD |
|
1 year ago
May 18, 2023
|
Sell 200 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 10000
|
20 USD |
|
1 year ago
May 16, 2023
|
Sell 77.3 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 4088
|
18.9 USD |
|
1 year ago
Apr 03, 2023
|
Sell 90.7 K
USD
|
La Thi L
|
- 5000
|
18.1424 USD |
|
2 years ago
Mar 01, 2023
|
Sell 172 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 10000
|
17.2351 USD |
|
2 years ago
Jan 04, 2023
|
Sell 70 K
USD
|
La Thi L
President & COO
|
- 5000
|
14 USD |
|
2 years ago
Jan 04, 2023
|
Sell 49.8 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 3585
|
13.8841 USD |
|
2 years ago
Nov 15, 2022
|
Bought
35 M USD
|
Corsair Group (Cayman), LP
Director
|
+ 2121212
|
16.5 USD |
|
2 years ago
Nov 15, 2022
|
Bought
35 M USD
|
Bagaria Anup
Director
|
+ 2121212
|
16.5 USD |
|
2 years ago
Nov 15, 2022
|
Bought
35 M USD
|
MAJOROS GEORGE L. Jr.
Director
|
+ 2121212
|
16.5 USD |
|
2 years ago
May 11, 2022
|
Bought
580 K USD
|
Szteinbaum Samuel R.
director:
|
+ 40000
|
14.5 USD |
|
3 years ago
Jul 01, 2021
|
Sell 247 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 7500
|
32.9772 USD |
|
3 years ago
Jun 14, 2021
|
Sell 2.7 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 68400
|
39.43 USD |
|
3 years ago
Jun 14, 2021
|
Sell 16.5 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 433001
|
38.19 USD |
|
3 years ago
Jun 14, 2021
|
Sell 13.9 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 372302
|
37.3 USD |
|
3 years ago
Jun 14, 2021
|
Sell 51.1 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 1413808
|
36.17 USD |
|
3 years ago
Jun 15, 2021
|
Sell 7.6 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 203771
|
37.31 USD |
|
3 years ago
Jun 15, 2021
|
Sell 8.02 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 229218
|
35 USD |
|
3 years ago
Jun 14, 2021
|
Sell 2.7 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 68400
|
39.43 USD |
|
3 years ago
Jun 14, 2021
|
Sell 16.5 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 433001
|
38.19 USD |
|
3 years ago
Jun 14, 2021
|
Sell 13.9 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 372302
|
37.3 USD |
|
3 years ago
Jun 14, 2021
|
Sell 51.1 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 1413808
|
36.17 USD |
|
3 years ago
Jun 15, 2021
|
Sell 7.6 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 203771
|
37.31 USD |
|
3 years ago
Jun 15, 2021
|
Sell 8.02 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 229218
|
35 USD |
|
3 years ago
Jun 14, 2021
|
Sell 2.7 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 68400
|
39.43 USD |
|
3 years ago
Jun 14, 2021
|
Sell 16.5 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 433001
|
38.19 USD |
|
3 years ago
Jun 14, 2021
|
Sell 13.9 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 372302
|
37.3 USD |
|
3 years ago
Jun 14, 2021
|
Sell 51.1 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 1413808
|
36.17 USD |
|
3 years ago
Jun 15, 2021
|
Sell 7.6 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 203771
|
37.31 USD |
|
3 years ago
Jun 15, 2021
|
Sell 8.02 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 229218
|
35 USD |
|
3 years ago
Jun 14, 2021
|
Sell 7.29 M
USD
|
Paul Andrew J.
Chief Executive Officer
|
- 186467
|
39.0874 USD |
|
3 years ago
Jun 14, 2021
|
Sell 9.01 M
USD
|
Paul Andrew J.
Chief Executive Officer
|
- 222911
|
40.4385 USD |
|
3 years ago
Jun 14, 2021
|
Sell 4.07 M
USD
|
Chevalier Bertrand
EVP of Gaming Products
|
- 100000
|
40.7 USD |
|
3 years ago
Jun 03, 2021
|
Sell 2.22 M
USD
|
Paul Andrew J.
Chief Executive Officer
|
- 63533
|
35.003 USD |
|
3 years ago
Jun 03, 2021
|
Sell 2.22 M
USD
|
Paul Andrew J.
Chief Executive Officer
|
- 63533
|
35.003 USD |
|
3 years ago
Jun 03, 2021
|
Sell 3.5 M
USD
|
La Thi L
See Remarks
|
- 100000
|
35 USD |
|
3 years ago
Jun 03, 2021
|
Sell 159 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 5000000
|
31.87 USD |
|
3 years ago
Jun 03, 2021
|
Sell 159 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 5000000
|
31.87 USD |
|
3 years ago
Jun 03, 2021
|
Sell 159 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 5000000
|
31.87 USD |
|
3 years ago
Jun 01, 2021
|
Sell 239 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 7500
|
31.8458 USD |
|
3 years ago
Jun 03, 2021
|
Sell 262 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 7500
|
35 USD |
|
3 years ago
May 18, 2021
|
Sell 4.13 M
USD
|
Chevalier Bertrand
EVP of Gaming Products
|
- 125000
|
33.0033 USD |
|
3 years ago
May 10, 2021
|
Sell 246 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 7500
|
32.8495 USD |
|
3 years ago
May 06, 2021
|
Sell 3.26 M
USD
|
La Thi L
Chief Operating Officer
|
- 100000
|
32.643 USD |
|
3 years ago
Apr 09, 2021
|
Bought
1 M USD
|
WEISENBURGER RANDALL J
Director
|
+ 58823
|
17 USD |
|
4 years ago
Sep 25, 2020
|
Bought
1 M USD
|
WEISENBURGER RANDALL J
Director
|
+ 58823
|
17 USD |
|
4 years ago
Jan 26, 2021
|
Sell 289 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 8260000
|
35 USD |
|
4 years ago
Jan 26, 2021
|
Sell 289 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 8260000
|
35 USD |
|
4 years ago
Jan 26, 2021
|
Sell 8.75 M
USD
|
Paul Andrew J.
Chief Executive Officer
|
- 250000
|
35 USD |
|
4 years ago
Jan 26, 2021
|
Sell 289 M
USD
|
MAJOROS GEORGE L. Jr.
Director
|
- 8260000
|
35 USD |
|
4 years ago
Jan 26, 2021
|
Sell 289 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 8260000
|
35 USD |
|
4 years ago
Jan 26, 2021
|
Sell 3.5 M
USD
|
La Thi L
See Remarks
|
- 100000
|
35 USD |
|
4 years ago
Oct 09, 2020
|
Sell 19.3 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 1135375
|
17 USD |
|
4 years ago
Oct 09, 2020
|
Sell 19.3 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 1135375
|
17 USD |
|
4 years ago
Oct 09, 2020
|
Sell 19.3 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 1135375
|
17 USD |
|
4 years ago
Sep 22, 2020
|
Sell 110 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 6500000
|
17 USD |
|
4 years ago
Sep 22, 2020
|
Sell 110 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 6500000
|
17 USD |
|
4 years ago
Sep 22, 2020
|
Sell 110 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 6500000
|
17 USD |
7. News
Corsair's Elgato Wins Prestigious ISE 2025 Best of Show Award for Stream Deck Studio
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, and gaming PC builders, today announced its Elgato Stream Deck Studio won the prestigious Best of Show Award at ISE 2025, the world's leading professional AV and broadcast exhibition. Recognized for its groundbreaking innovation in live production control, Stream Deck Studio is setting t.
businesswire.com
- 1 week ago
Corsair Gaming: Q4 Earnings, Sales Outlook Is Strong But Margins Remain A Concern
Corsair Gaming's Q4 results exceeded Wall Street expectations as peripherals continued to grow well and component sales started to stabilize. With Nvidia's 50-series GPU launch, the Apple collaboration, and Fanatec, Corsair guides great revenue growth in 2025. Still, thin guided margins remain a concern over the longer term. I estimate Corsair stock to have a fair value of $8.97.
seekingalpha.com
- 2 weeks ago
Corsair Gaming, Inc. (CRSR) Q4 2024 Earnings Call Transcript
Corsair Gaming, Inc. (NASDAQ:CRSR ) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Ronald van Veen - VP, Finance & IR Andy Paul - CEO Thi La - President, COO & CEO Michael Potter - CFO Conference Call Participants Aaron Lee - Macquarie George Wang - Barclays Doug Creutz - TD Cowen Colin Loyet - Baird Operator Good afternoon, and welcome to Corsair Gaming's Fourth Quarter and Full Year 2024 Earnings Conference Call. As a reminder, today's call is being recorded, and your participation implies consent to such recording.
seekingalpha.com
- 2 weeks ago
Corsair Announces Planned Retirement of Founder and CEO Andy Paul and Appointment of Thi La as Company's Next CEO
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, and gaming PC builders, today announced the planned retirement of Andy Paul, Founder and Chief Executive Officer, from the company and its board effective July 1, 2025. As part of the planned transition, the board of directors appointed Thi La, currently Corsair's President and Chief Ope.
businesswire.com
- 2 weeks ago
Corsair Gaming Reports Fourth Quarter and Full Year 2024 Financial Results
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, and gaming PC builders, today announced financial results for the fourth quarter and full year ended December 31, 2024, as well as guidance for the full year 2025. Fourth Quarter 2024 Select Financial Metrics Net revenue was $413.6 million compared to $417.3 million in the fourth quarter.
businesswire.com
- 2 weeks ago
Corsair Wins Multiple Prestigious Awards, Chosen by Apple to Support Gaming on Apple Devices as Peripheral Supplier
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR) is pleased to be recognized as one of the Top 10 tech companies in several recent consumer reviews including PC Mag's Best Brands Index Top 10, with the highest Net Promoter Score of any top 25 gaming peripheral brand. The Company is also delighted to announce it received the Best Keyboard Award for 2025 from both The New York Times' Wirecutter and PC World for CORSAIR's K65 WL keyboard for gaming and overall usage. The K65 Wireless key.
businesswire.com
- 1 month ago
Corsair Gaming Q4 Preview: Upcoming Nvidia GPUs To Boost High-End PC Sales
Corsair Gaming, Inc. is expected to report Q4 and full-year 2024 earnings on February 7th. Nvidia's new 5000 series GPUs could boost Corsair's high-end gaming market, aiding inventory clearance and improving margins, especially in the high-end PC market. The recent acquisition of Fanatec and partnerships, particularly with “Call of Duty,” may enhance revenue, though skepticism remains about the Apple partnership's impact.
seekingalpha.com
- 1 month ago
Corsair Gaming stock price crashed, but could surge 150%
The Corsair Gaming stock price has pulled back in the past few years as the gaming industry went through a substantial slowdown. It initially peaked at $51.3 in 2021 as the sector boomed because of the pandemic and then pulled back to an all-time low of $5.50 in September last year.
invezz.com
- 1 month ago
CORSAIR and ORIGIN PC Deliver AI-Powered Microservices for Enthusiasts and Creators with NVIDIA NIM on RTX PCs
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR) is proud to announce , during the 2025 CES in Las Vegas, that the latest CORSAIR and ORIGIN PC systems, powered by NVIDIA GeForce RTX™ 50 Series GPUs, are fully equipped to support NVIDIA NIM microservices, with these groundbreaking services set to become available later in 2025. Powered by NVIDIA Blackwell, GeForce RTX 50 Series GPUs bring game-changing capabilities to gamers and creators. Equipped with a massive level of AI horsepower.
businesswire.com
- 1 month ago
Corsair Gaming to Present at Barclays 22nd Annual Global Technology Conference
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance gear for gamers, streamers, content-creators, and gaming PC builders, today announced it will present to institutional investors at Barclays 22nd Annual Global Technology Conference, at The Palace Hotel, San Francisco. A live fireside webcast with management will be available through Corsair's Investor Relations website at 8:40 a.m. Pac.
businesswire.com
- 3 months ago
CORSAIR Unveils Exclusive, Award-Winning K65 PLUS WIRELESS Keyboard and M75 WIRELESS Gaming Mouse Colorways for Mac
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR), a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts, today announced that the award-winning K65 PLUS WIRELESS keyboard and the M75 WIRELESS mouse will be available in exclusive Glacier Blue and Frost colors for the Mac®. Whether playing games on a desktop or a laptop, users will enjoy unrivaled design, quality, and performance. Both products are available.
businesswire.com
- 3 months ago
Corsair Gaming to Present at 2024 UBS Global Technology Conference
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance gear for gamers, streamers, content-creators, and gaming PC builders, today announced it will present to institutional investors at the 2024 UBS Global Technology Conference, at The Phoenician Hotel in Scottsdale, Arizona. Michael G. Potter, Corsair's Chief Financial Officer, and Ronald van Veen, Vice-President Finance, Investor Relatio.
businesswire.com
- 3 months ago
8. Profile
Summary
Corsair Gaming, Inc. CRSR
COUNTRY
US
INDUSTRY
Computer Hardware
MARKET CAP
$ 1.15 B
Dividend Yield
0.08%
Description
Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers, as well as capture cards, stream decks, USB microphones, studio accessories, and EpocCam software. It also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs, and others; and PC gaming software comprising iCUE for gamers and Elgato's streaming suite for streamers and content creators. In addition, the company offers coaching and training, and other services. It sells its products through a network of distributors and retailers, including online retailers, as well as directly to consumers through its website. The company was incorporated in 1994 and is headquartered in Fremont, California. Corsair Gaming, Inc. is a subsidiary of Corsair Group (Cayman), LP.
Contact
47100 Bayside Parkway, Fremont, CA, 94538
https://www.corsair.com
IPO
Date
Sept. 23, 2020
Employees
2387
Officers
Mr. Ronald Van Veen
Vice President of Finance & Investor Relations
Ms. Thi L. La
President, Chief Operating Officer & Director
Mr. Michael Buchanan
Senior Vice President of Worldwide Sales
Ms. Carina M. Tan J.D.
Vice President & General Counsel
Mr. Peter E. Hilliard
Chief Human Resources Officer
Mr. Bertrand Chevalier
Executive Vice President of Gaming Products
Mr. Matthew Hsu
Senior Vice President of System Products
Julian Fest
Senior Vice President of Streaming Products
Mr. Andrew J. Paul
Co-Founder, Chief Executive Officer & Director
Mr. Michael G. Potter
Chief Financial Officer & Principal Accounting Officer